New-York tribune., 1887-11-22
me BALTIMORE AND OHIO.
1ouR NEW pJRECToRs ELECTED.

VQH CAff,~ TSs'0t t78E fshfs'
1rouR NEW pIRECToRs ELECTED
SLOAN, JR. c. Y. MAYER, J. L M'LASs AND
ew,,IrAM K.YsER TO REpREsENr eoRNAN AMP
TIE SYNDICATE
nv rr,saRAPH To THE TRIBUNE
.x. -,vosr. Nov. 2i.-senator German TO-DAY virtually
pa control of the Baltimore and Ohie directory.
S,sr the annual meeting Of the stockholders IL was
S,,,r in financial circles that the Democratic Boss
Il w.rv,ani is likely to run the big corpora
T.n 10 help the party along. surprise
.xarrssed that the Drexel Morgan syn-
"..,a TO wnom the corporation was compelled
70 appeal has little or no representation ~ ne p0s' =.
sc,orS It was generally suppescd thar the syndicate
hi appout three directors to look after their large
'. senator German, hswevcr. appoints the three
Tror. Instead OF filling the several vacancies made
,,ror d,rcctsrs he has had himself elected state
~. tor IN plscs Of Jshn K C"wen who. besides being
-ni.l eounseer OF the company was director. repre-
s.. the Garrett stock Interests. James Sloan, jr
N"pAe Mr. sloan Is enc of Gorman's
,n,,wa,e political friends. Charles +. Mayer.
"a av director. Is largely Interested In the West
an, ,,sutral Railroad. as Is also Senator Gorinan
W.. :. Moi.auo the third new 'uan 10 the board
rs,or nolrcal ally Of Germans 80 that the SENATOR
60 and McIane and the State aud Baltimore
Win siosa can control. William Keyser Is the
CNy "'s arsetor He formerly second vice-presi
ioui'u ny aa,,imore and Ohio uner John w. CARROTS
Aanf0 =.
oe,,on Mr. Keyser is also largely interested In
-" !. v,roinia Central Railway affairs
wen ncs .f three Of the pr. acpal directors in the
-, v,,gius Central into the baltimore aud Ohio Board
80. ike an aanre between the two companies which
saa greatly streagthon and mproye the Baimore ana
oh,o and Is said n no move advooa'eo oI .ae
oN" vsrsan syndicate The directors not reelected
ps's John x. Coweu, Joshua G. Harvey. Aubrey pearre
vsIf Sovp " ayio There 1929 shares voted in
farm
new Board is as follows; James sloan jr James r
SssT .rs s.m~s srris"n 0arrstt James Cary oas
ssrre A. Won Llngon, John Gregg. Decatur H. Miller
aca d. o. me irst annual meeting in many years at
vhsn Gsrrrt was not the most conspicuous figure a
Sant ss,ars Of the vSs Sn a. M
ter,sL but ssck included ell the Garrett hshngs
win Of ether ar9s ss0cknS,a,rs ana Ss ias
GOES to show hat all the principal stockholders ter
friendly r. ns nv o s the r.aS for
rursses Mr.. Garrett could elect directory next year
yir B"t then Robert Garre is personal friend of
Germans and latter s said to have gone into the
Srectory at Mr.. GaIretrs urgent request
lis said that John K. owen will be coniiued at least
for the present: as general counsel f9r the road Al
slough ns reeec.sd a. s,mc .uS
wear the appearance Of political pnnis ment ana tais
s ere III Of which depends upon its being bus
ues pr ncpea Mr.. CeweS Is said 10 have recently as
sured per..na friend that he would remain with the
There is an preston that Charles r. Mayer will be
,.,S vice nre ii Ieut Mr. Mayer mas been ssident
eee.sa Coal C.mpsny and of tho ,.eorses
Creek and ,umbsrlant Rllrsti Company Tor many
Years election Of spence TO the pres
iiency will take place next month.
The stockholders ratbe the aelion Of the directors in
subscribing to the STOCK AMI bonds 81 the ora ron ana
fcryoue miles. and aso to the stock aud bonds OF tho
Wheeling and Pitlsburg road. the latter vi wnca VIII De
ineiuded In the consolidated mortgage as aauiosa So
Guilty. -., ,, .,
th IN hnv
an increase of 23659s II over the revenue OF the
preceding year The earnings Of the main ain stem ste were
net balance Of 81 343. .343 SO The working exrenses
were 81 p Tfe pOt gsar and % Sss sSsOs' @ shows
win be by ns account t9at IT,. srPo From f"n
earnings and which Ia not by either STOCK OF
bonds now amounts to S4s ,0s3, OF.
The Washington branch SHOWS an increase OF net earn
ines S57 055 25. while the expenditures snow ue-
crease OF S1.975 6S. The report then says;
Or l7th August 1881. contract wa. made with the
pres franchises privileges the Baltimore and "ho n
S@ GT .s % M %
need Of ,rSs for
under which loco hay ben ar
ioas three rrirgerator express Ave baggage ffteen
ten sleeping md Ten csr Sdcas ot eminent
BANKERS funds Sufficient to AXE care Of the oiting de o.
viii e unded coming accordance with the
plan which has received the approval OF the syndicate
OF the four new members of the board three we're
selected by the Morgan syndicate. to which Robert
Garrett surrendered the practical control of the road:
Charles F. Meyer, William Keyser and James L. McLane.
of the syndicate said Yesterday that while lie
had specific advices from the Baltimore meeting he
was that the vote was unanimous because there
was difference between the interests. He asserted
that the statement OF the companys business for tne
year better than had been exprcted. Tue Balti-
and Ohio has paid dividends every year. be added
and although the accounts have been nj ide up TINS
year suit the syndicate the report shows that the
about 100000 If they had been prepared by the former
management they would have made much better
cate and much better than We had any reason to ex-
pect"